GOLD RALLIES 75% ON REPORTS BUT RALLY FAILS QUICKLY AS GOLD PULLS BACK

JOBLESS CLAIMS AND RETAIL SALES REPORTS ON THE HALF HOUR

THE LARGER PICTURE

15 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)

DOLLAR RISING

GOLD RALLYING OF THE LOW JUST AHEAD OF THE CRIMEX OPEN

STOCKS, OIL RISING

GOLD MOVES LOWER

LOOKS LIKE THE GOLD BASHERS ARE AT WORK AGAIN

NEW 'DEEPER' RED DOWN TREND CHANNEL

GOLD DROPS BELOW THE RED DOWNFLAG AT MIDNIGHT

GOLD FINALLY MAKES A MOVE ABOVE THE TOP RED LINE BUT IS STOPPED AT A PREVIOUS HIGH

A PULL BACK, THEN HIGHER OVERNIGHT?

GOLD IS DOING NOTHING SO FAR

GOLD STILL TRADING IN THE RED DOWNTREND CHANNEL, SHOULD RALLY IN THE NEXT HALF HOUR OR SO

THE FOREIGN MARKETS START GETTING MORE ACTIVE

CLOSE TO 11PM PST AND MIDNIGHT PST, THEN AT

IRREGULAR TIMES DURING THE WEE HOURS.

GOLD MIGHT STAIR STEP HIGHER OVERNIGHT

GOLD RISES TO THE 75% POINT

GOLD SHOULD BE RALLYING FROM HERE BUT IS TAKING A LONG TIME TO DO IT

GOLD MANAGES TO NOT FALL, IT NEEDS TO STAY ABOVE THE TOP RED DOWNFLAG LINE TO MOVE HIGHER

LOOKS LIKE TRADERS ARE GIVING UP ON GOLD MOVING HIGHER FOR NOW

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)

DOLLAR MOVES LOWER. SHOULD HELP GOLD RISE

GOLD CONTINUES TO CONSOLIDATE IN THE RED DOWN FLAG, SHOULD MOVE HIGHER EVENTUALLY

THE LONGER IT TAKES GOLD TO BREAK OUT OF THE

RED DOWN FLAG, THE MORE LIKELY IT IS FOR IT

TO FALL OUT OF THE PATTERN AND MOVE LOWER

DUE TO IMPATIENT TRADERS BAILING OUT

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)

DOLLAR MOVES A BIT LOWER

THE RED DOWN FLAG SHOULD RESOLVE UP, BUT GOLD MAY NEED TO GO DOWN SOME BEFORE IT CAN RALLY HIGHER